At what point can the exchange of contracts take place for purchase conveyancing in Wokingham and am I required to attend the solicitors office?
If you are near to one of the conveyancing solicitors in Wokingham you are invited in to sign the paperwork. However, the lender approved solicitors we recommend supply a nationwide conveyancing service and provide just as detailed and professional a job for you when communicating with you digitally. The signing of the purchase agreement is not the point of no return. Signing on the dotted line is just a prerequisite for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wokingham)to be in the office available at the end of the phone to exchange contracts.
I used Action Conveyancing several years past for my conveyancing in Wokingham. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Wokingham of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build flat in Wokingham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Wokingham
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan.
Due to the encouragement of my in-laws I had a survey completed on a house in Wokingham ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies tend refuse to grant a mortgage on this type of house.
It depends who your proposed lender is. Santander has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wokingham. Conveyancing will be smoother if you use a solicitor in Wokingham especially if they are accustomed to such properties in Wokingham.
I'm remortgaging my existing house to a buy to let mortgage with Nottingham Building Society and I will use the rest of the raised equity as a deposit on another property. The area we are interested in is Wokingham. Will your conveyancers be able to act for the two banks and link together the two deals?
Do use our search tool on this site to check that the lawyers are on the relevant lender panels. On the basis that they are your solicitor will be able to connect the two deals but you should talk with you lawyer and communicate your desired outcome and requirements.